From Tiffany & Co.’s (TIF) Q1 2010 earnings call:
Mark L. Aaron – VP – IR:
During the quarter, we expanded Tiffany’s presence in China with the opening of an additional store in Shanghai, a substantial 6,400 square foot store in the Hong Kong Plaza, and just earlier this month, we also opened 3,100 square foot store in the IFC Mall in the Pudong section of Shanghai. We now operate 12 stores in Mainland China and are on track to have approximately 30 stores there within about five years.
Full transcript here.
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